After suspension, relist before 01 July, 2016
(On good authority and reliable sources)
https://www.linkedin.com/pulse/start-up-asx-listing-rules-changes-1st-july-martin-rogers
Some interesting points:
'..
- The working capital requirement as part of the assets test of $1,500,000 after allowing for the first full financial year's budgeted administration costs will apply to all entities (and not just mining entities).
- The profits test changing to require a minimum $500,000 profit in the most recent financial year (currently it is $400,000).
- An audit requirement for all accounts including those of a target business....:
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After suspension, relist before 01 July, 2016 (On good authority...
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